Wellington Management Group LLP Sells 1,036,652 Shares of SEACOR Marine Holdings Inc. (NYSE:SMHI)

Wellington Management Group LLP decreased its position in shares of SEACOR Marine Holdings Inc. (NYSE:SMHI - Free Report) by 96.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,041 shares of the company's stock after selling 1,036,652 shares during the quarter. Wellington Management Group LLP owned 0.14% of SEACOR Marine worth $256,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Valeo Financial Advisors LLC purchased a new stake in SEACOR Marine during the 4th quarter valued at $66,000. SG Americas Securities LLC purchased a new stake in shares of SEACOR Marine during the fourth quarter valued at $78,000. Raymond James Financial Inc. bought a new stake in SEACOR Marine in the 4th quarter worth about $164,000. New York State Common Retirement Fund raised its position in SEACOR Marine by 26.0% in the 4th quarter. New York State Common Retirement Fund now owns 25,703 shares of the company's stock worth $169,000 after buying an additional 5,300 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in SEACOR Marine by 10.8% during the 4th quarter. American Century Companies Inc. now owns 47,181 shares of the company's stock valued at $310,000 after acquiring an additional 4,616 shares during the period. Institutional investors own 59.05% of the company's stock.

SEACOR Marine Stock Performance

Shares of NYSE SMHI traded up $0.34 during trading on Friday, reaching $4.63. 148,067 shares of the company traded hands, compared to its average volume of 180,456. The company has a quick ratio of 1.59, a current ratio of 1.63 and a debt-to-equity ratio of 0.84. The firm has a 50 day simple moving average of $5.30 and a 200-day simple moving average of $6.52. SEACOR Marine Holdings Inc. has a 52-week low of $3.63 and a 52-week high of $15.36. The stock has a market capitalization of $127.97 million, a PE ratio of -2.75 and a beta of 0.95.

SEACOR Marine Company Profile

SEACOR Marine Holdings Inc provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to offshore installations, including offshore wind farms; handle anchors and mooring equipment for offshore rigs and platforms; assist offshore operations for production and storage facilities; provide construction, well work-over, and offshore wind farm installation and decommissioning support; and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection, and repair, as well as offer accommodations for technicians and specialists, safety support, and emergency response services.